Description
Colliers is pleased to exclusively offer for sale a single tenant net-leased Banc of California located within Fig Garden Village – a premier Whole Foods Anchored ±290,000 SF open-air retail and entertainment destination located in a high growth trade area in the Fresno, CA MSA. The property consists of a ±4,333 SF freestanding building with drive-thru ATM services positioned on a ±0.43 AC parcel. Banc of California acquired Pacific Western Bank in 2023 and became the third largest bank headquartered in California after the all-stock merger. The asset benefits from a 10-Year lease with 7...
Documents
Offering Summary
- Asking Price$3,624,000
- Property TypeRetail
- Size4,333 SF
- Available4,333 SF
- Occupancy100%
- Built2011
- Total Acres~0.43 ac
Sale Details
- Cap Rate5.25%
- NOI$190,254
- In-Place Cap Rate5.25%
- In-Place NOI$190,254
Documents
Property Address
Property Details
- Property TypeRetail
- Occupancy100%
- Year Built2011
- Lease TypeNNN
- ZoningC-3 – Regional Commercial
- APN417-220-25
- Gross Leasable Area4,333 SF
- Available GLA4,333 SF
- Acres0.43
Property Details
- Property TypeRetail
- Occupancy100%
- Year Built2011
- Lease TypeNNN
- ZoningC-3 – Regional Commercial
- APN417-220-25
- Gross Leasable Area4,333 SF
- Available GLA4,333 SF
- Acres0.43













Deal Team


Description
Colliers is pleased to exclusively offer for sale a single tenant net-leased Banc of California located within Fig Garden Village – a premier Whole Foods Anchored ±290,000 SF open-air retail and entertainment destination located in a high growth trade area in the Fresno, CA MSA. The property consists of a ±4,333 SF freestanding building with drive-thru ATM services positioned on a ±0.43 AC parcel. Banc of California acquired Pacific Western Bank in 2023 and became the third largest bank headquartered in California after the all-stock merger. The asset benefits from a 10-Year lease with 7...
Documents
Offering Summary
- Asking Price$3,624,000
- Property TypeRetail
- Size4,333 SF
- Available4,333 SF
- Occupancy100%
- Built2011
- Total Acres~0.43 ac
Sale Details
- Cap Rate5.25%
- NOI$190,254
- In-Place Cap Rate5.25%
- In-Place NOI$190,254
Documents
Property Address
Property Details
- Property TypeRetail
- Occupancy100%
- Year Built2011
- Lease TypeNNN
- ZoningC-3 – Regional Commercial
- APN417-220-25
- Gross Leasable Area4,333 SF
- Available GLA4,333 SF
- Acres0.43
Property Details
- Property TypeRetail
- Occupancy100%
- Year Built2011
- Lease TypeNNN
- ZoningC-3 – Regional Commercial
- APN417-220-25
- Gross Leasable Area4,333 SF
- Available GLA4,333 SF
- Acres0.43
Deal Team


